Glossary of Terms
What is a long (Long position) in cryptocurrencies?
A long, or long position, is a trade made in anticipation of a rise in an asset's price: the trader buys cryptocurrency in order to sell it for more. Market participants who bet on a rise are called bulls.
What is a "loss" (Loss) in cryptocurrency slang?
In Russian-speaking slang a "loss" (from the English loss) is a nickname for a trading loss on an exchange. Most often it refers to closing a position with a loss of funds, including when a stop order is triggered.
Who is a "lohovod" (Dumpler) in cryptocurrencies?
A "lohovod" is a person who lures newcomers into dubious or hyped projects while concealing risks they are aware of. The goal of such a person is to attract other people's money for their own benefit.
What is cryptocurrency mining (Mining)?
Mining is the process of supporting the operation of a blockchain by solving computational tasks, for which participants receive a reward in coins. The issuance of many cryptocurrencies is based on it.
What is a money hold on an exchange?
A money hold is a temporary restriction on money operations on an exchange: a delay in depositing, withdrawing or using funds. It is usually imposed under the venue's rules or as part of checks.
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